Loading chat...

NC S456

Bill

Official Source

Status

Introduced

3/30/2023

Primary Sponsor

Jay Chaudhuri

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Appropriates $50,000 in nonrecurring funds from the General Fund to the Department of Commerce for each year of the 2023-2025 fiscal biennium.
  • Funds designated for outreach and education to business owners on employee equity ownership plans.
  • Funds designated for technical assistance to business owners to understand the feasibility of implementing an employee equity ownership plan.
  • Department of Commerce may partner with relevant nonprofits in the State that currently provide outreach, education, or technical assistance related to employee equity ownership plans.
  • Effective July 1, 2023.

Legislative Description

Employee Equity Ownership Plan Assistance

For-profit; Corporations

Last Action

Re-ref to Appropriations/Base Budget. If fav, re-ref to Rules and Operations of the Senate

4/3/2023

Committee Referrals

Appropriations/Base Budget4/3/2023
Rules and Operations of the Senate4/3/2023

Full Bill Text

No bill text available